Review & Brokerage Of Axis Direct

Axis Securities and Sales Ltd. in the year 2010 when Axis Bank decided to foray into Retail Broking through Axis Sales Limited. The Company has obtained necessary approvals from SEBI, BSE and NSE in the following segments:

(Sum of transaction values during the month will be considered as turnover. All Rates are as percent of transaction value)(Excluding Encash transaction turnover)

0

300,000

0.60%

300,001

1,000,000

0.55%

1,000,001

2,500,000

0.45%

2,500,001

7,500,000

0.35%

7,500,001

20,000,000

0.25%

20,000,001

Any Value

0.20%

Intra-day, Cover, Futures, Intraday Futures (Currency, Equity, Index)(Sum of transaction values during the month will be considered as turnover. All Rates are as percent of transaction value)

0

50,000,000

0.05%

50,000,001

100,000,000

0.04%

100,000,001

200,000,000

0.035%

200,000,001

Any value

0.03%

Options (Equity, Index, Currency) (Sum of premium values during the month will be considered as turnover. Brokerage Rate is on a per lot basis)

0

200,000

95

200,001

500,000

85

500,001

1,000,000

75

1,000,001

2,000,000

70

2,000,001

Any Value

65

Other Charge:

Minimum brokerage charged: Brokerage will be charged as per applicable rate subject to a minimum of Rs.20/- per executed order and a maximum of 2.5% of transaction value.

For securities quoting at less than Rs.10.00 per share, brokerage will be charged at the rate of Rs.0.10 per share / security.

The first five calls to ‘Trade on Phone service’ in a calendar month shall be free of any service charge. All the subsequent calls to the ‘Trade on Phone’ number will be charged @Rs.20.00 per call and will be charged to the client account. Applicable Brokerage charges for the transactions effected are extra.

Advantages of Axis Direct

3-in-1 account integrates your bank, trading and demat accounts. This feature of Axis is the most interesting in online trading. This is truly online trading environment. There is absolutely no manual interfere require.

Hi Sujit,
I understand you have reasonable experience in trading and broking. I wonder if you do make calls on international indices, equities, commodities etc. Pls let me know if you do. Also, what kind of advisory do u provide in the Indian markets.

axis direct is waste,,,pls switch over any other brokerage,,,,,,,, because market watch axis swift trade platform is 1500rs per year and intraday brokerage is 0.05percentage,,,,,its very brokerage in india